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The Market Analysis Working Group (MAWG) identifies and reviews insurance companies, which are exhibiting , or may exhibit characteristics indicating a current or potential market regulatory issue that may impact multiple jurisdictions. The Working Group determines if regulatory action is being taken and supports Collaborative Actions in addressing problems identified.
MAWG members are required to attend the quarterly NAIC National Meetings and participate in regular and special conference calls throughout the year. The Working Group meetings at the NAIC National Meetings and one call per quarter are open to Collaborative Action Designees.
MAWG is chaired by Commissioner Kim Holland (OK) and vice-chaired by Rosanne Mead (IA) .
Collaborative Action Designees (CADs)
Each Commissioner has appointed one Collaborative Action Designee (CAD) to be the liaison with the Market Analysis Working Group and to have the responsibility for all communications related to Collaborative Actions . The CAD is responsible for communicating with other state departments via the Market Regulation and Market Analysis Electronic Forums (Bulletin Boards). The CAD is also responsible to communicate to appropriate Department staff regarding Collaborative Action settlements affecting their state, and to provide recommendations on these Actions, as authorized by their Commissioner .
To ensure consistency, each state is limited to only one CAD and NAIC Staff is directed to provide information about specific Collaborative Actions only to CADs. |
